SENATE 1178117th CongressRead twice and referred to the Committee on Finance.
RECRUIT Act of 2021
- Last Action
- 4/15/2021
Actions
- 2021-04-15Read twice and referred to the Committee on Finance.
- 2021-04-15Introduced in Senate
CRS Summary
As of 2021-04-15 (00)
Reserve Employers Comprehensive Relief and Uniform Incentives on Taxes Act of 2021 or the RECRUIT Act of 2021
This bill allows employers with less than 500 employees a new tax credit for 40% of the wages paid to a member of the National Guard or a reserve component of the Armed Forces. The employer may elect to claim a payroll tax credit for wages paid to such service members.
Cosponsors (8)
- Jerry Moran (R-KS)
- Richard Durbin (D-IL)
- Tammy Baldwin (D-WI)
- Richard Blumenthal (D-CT)
- Dianne Feinstein (D-CA)
- Jacklyn Rosen (D-NV)
- Kyrsten Sinema (D-AZ)
- Joseph Manchin (D-WV)
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.